From The Japan Times · Laura Benitez · · 50s
SoftBank and Apollo's AI investment tie
SoftBank's Apollo unlocks $65bn OpenAI bet through private credit.
In brief
SoftBank's Apollo unlocks $65bn OpenAI bet through private credit. SoftBank Group's Apollo Global Management provided over $15bn debt to fund Masayoshi Son's $65bn investment in OpenAI. Originally reported by The Japan Times.
SoftBank and Apollo's relationship
SoftBank Group's Apollo Global Management provided over $15 billion debt to fund Masayoshi Son's nearly $65 billion investment in OpenAI.
Apollo's role in AI financing
Apollo has arranged debt for SoftBank across multiple deals since 2021, helping fuel OpenAI's growth.
SoftBank's AI investment
SoftBank Group's chairman and CEO Masayoshi Son has nearly $65 billion bet on OpenAI.
Apollo's defensive AI approach
Apollo is beginning to contend with limits of SoftBank lending as it takes a more defensive approach to AI investing.
What to remember
SoftBank Group's Apollo Global Management provided over $15bn debt to fund Masayoshi Son's $65bn investment in OpenAI.
